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Same-store sales climbed 1.9% at the 50 locations that Macy's is prioritizing. The company expects fourth quarter net sales to come in between $7.8 billion and $8 billion, compared to $8.12 ...
Macy's has been struggling with flagging sales as consumers increasingly turn from physical retail to e-commerce. In Q2, its sales dropped 3.8% to $4.9 billion while same-store sales declined 4% ...
Holiday sales from the beginning of November through Christmas Eve climbed 3.8%, outpacing the 3.1% increase from a year earlier, according to Mastercard SpendingPulse, which tracks all kinds of ...
Macy's preliminary results showed net sales fell 2.4% to $4.74 billion compared to $4.77 billion based on estimates compiled by LSEG, a sign that steep promotions failed to draw customers who have ...
While the firms expressed optimism about Macy’s previously announced "Bold New Chapter" initiative to shutter 150 unproductive Macy’s locations by 2026’s year-end, they argued the department ...
Macy’s was synonymous with the department store model for decades and consumers visiting Macy’s stores to shop for clothing, perfume and other products. The modern Macy’s was created in 2005 ...